32 ordspråk av Lawrence Lindsey

Lawrence Lindsey

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At the start, the euro is going to have problems as a reserve currency. It will ... have to earn its place.

disagree on the analysis before they ever get to the remedies.

The world's problems are starting to infect the U.S. economy,

Right now, if you are running a business in Asia, you have to liquidate just about anything you can just to raise the cash to meet pay day,

Because of what's happening in Asia, we are unlikely to see an acceleration of inflation,

Some adjustment was certainly necessary,

In the run-up to 9,000, you've got to put most of the credit -- or some might say blame -- on monetary policy.

He feels that it is going to fall at some point, and frankly, I think he wants to make sure that everyone understands, it was not him and it was not the Fed. The market was pushed too high by investors, and they are going to lose some money.

Inflation may be dying but it's hardly dead and buried. The world's problems are starting to infect the U.S. and that's what's going to keep the Fed on hold.

I think you need both, ... First of all, monetary policy doesn't work instantaneously either. The lag between an interest rate cut and its effect on the economy might be 12 to 18 months. Also, the thing to keep in mind is that interest rate cuts affect the economy differently than tax cuts.

I would not be surprised to see 5 percent unemployment by the end of the summer. I would be surprised to see 6 percent.

We've got our fingers crossed.

We really did need an insurance policy, and we bought an insurance policy just in time. The test is going to be: Did we buy a big enough insurance policy? And we will know in the fourth quarter.

The tax cut provides enough of a floor that we don't fall too far. We'll have a base from which to grow.

I don't think we're going to be touching Social Security at all.

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